Global Markets: Asian Stock Markets : Nikkei up 0.04%, Shanghai Composite down 0.74%, Hang Seng up 0.05%, ASX up 0.16% Commodities : Gold at $1272.65 (-0.04%), Silver at $14.39 (-0.12%), Brent Oil at $71.64 (-0.75%), WTI Oil at $62.47 (-1.05%) Rates : US 10-year yield at 2.419, UK 10-year yield at 1.074, Germany 10-year yield … Continue reading Wednesday 22nd May: Trade sentiment continues to drive the markets
The market witnessed sterling spike higher on speculation UK PM May was to offer major concessions on Brexit in an effort to push a deal through Parliament.
The Australian dollar found broad support vs. the majority of its major rivals at the beginning of the week, a reaction to local elections: a surprise win for the Liberal-National coalition.
Global Markets: Asian Stock Markets : Nikkei down 0.20%, Shanghai Composite up 1.46%, Hang Seng up 0.08%, ASX up 0.17% Commodities : Gold at $1275.05 (-0.18%), Silver at $14.41 (-0.26%), Brent Oil at $72.20 (+0.32%), WTI Oil at $63.48 (+0.43%) Rates : US 10-year yield at 2.419, UK 10-year yield at 1.064, Germany 10-year yield … Continue reading Tuesday 21st May: Chinese markets recover as US eases restrictions on Huawei
US dollar index picked up steam, this sent the EUR/USD to a session low of 1.1155 into the week’s close. With limited support/demand visible to the left of current price until reaching Quasimodo support at 1.1130
